70 Days on market
28 Preston St Malden — Photo 1 of 24

28 Preston St Malden — Photo 1 of 24

Recent Drop: $90,000

$769,000
$679,000

$679,000

28 Preston St, Malden, MA 02148

Malden, MA 02148 — Maplewood

Beds

3

Baths

1.5

SqFt

1,944

Style

Single Family

Built

1950

Perfect first home! It's tidy and with all the essentials. This home is ready for its next owners, in sought after Maplewood neighborhood. Gleaming hardwoods and plenty of light, give it an airy feeling.The open layout provides gathering places, quiet at-home work spaces, flexible usage, and plenty of storage. Minutes from The Orange Line, commuter rail, shops, and dining, in addition to it being in a pretty little neighborhood. Recent improvements include new tiling in the basement, new tiling in the kitchen, new tiling in the bathroom. An efficient close is possible. First showings at open house Sunday, July 19 11:30-1:30pm.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$349/sqft
Local Avg (Malden)$407/sqft
14% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Malden, MA.

Property Details

Financials

Original Price$769,000
Annual Taxes$8,021

Parking

Garage1
Off-Street3

Interior Specifications

Total Rooms6
FireplacesNone
FlooringWood, Tile, Flooring - Stone/Ceramic Tile
BasementPartial, Finished, Walk-Out Access, Interior Entry, Garage Access

Climate & Utilities

HeatingBaseboard, Electric Baseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningRES

Property & Lot

Acres0.08
SqFt Lot3,484
Lot FeaturesGentle Sloping

Amenities & Appliances

Gas Water Heater • Range • Dishwasher • Disposal • Refrigerator • Washer • Dryer • Range Hood

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2
First
Living RoomDining RoomKitchenBedroom 3Bathroom 1
Basement
Bathroom 2
Living Room
Lvl First

Flooring - Hardwood

Dining Room
Lvl First

Flooring - Hardwood

Kitchen
Lvl First

Flooring - Stone/Ceramic Tile

Primary Bedroom
Lvl Second

Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second
Bedroom 3
Lvl First

Flooring - Hardwood

Bathroom 1
Lvl First
Bathroom 2
Lvl Basement

Property History

Price Drop
$679,000

Was $699,000

Aug 21, 2026

MLS® 73550061

Price Drop
$699,000

Was $720,000

Aug 5, 2026

MLS® 73550061

Price Drop
$720,000

Was $746,000

Jul 28, 2026

MLS® 73550061

Price Drop
$746,000

Was $769,000

Jul 22, 2026

MLS® 73550061

Listed
$769,000

Jul 15, 2026

MLS® 73550061

Population

65,906

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$101K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

58.7%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 1,944 sq ft principal dwelling). Lot size: 3,484 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

Full Malden, MA market report ZIP 02148 market data
Listing Provided By

Listing Agent: Ann Cohen

Listing Office: Barrett Sotheby's International Realty

MLS® Number: 73550061

Browse More Homes in Malden

Explore other active listings in the area.